Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik ButerinCharles Hoskinson, and many others. Development began in 2014, with the official release occurring in mid-2015. Described by Buterin as a decentralized computing platform, Ethereum is a more wide-ranging application of the Decentralized Ledger Technology pioneered by Bitcoin

Ethereum was designed with the intention of having a scripting language for application development, which Bitcoin lacks. Dapps (decentralized apps)  are now some of the most intense research and development areas in the digital currency space. As mentioned by Buterin, Ethereum trades some security for versatility, though the development team is working extensively on improving security and scalability. 

Though it does take inspiration from Bitcoin, it differs in many ways. One notable difference is that the consensus mechanism algorithm gives ASICs less of an advantage. Block times range from 10 - 15 seconds as opposed to Bitcoin’s 10 minutes. One notable incident in Ethereum’s history occurred in 2016, when a smart contract flaw resulted in the theft of approximately $50 million worth of Ether. This subsequently resulted in a hard fork, splitting the Ethereum blockchain in Ethereum (ETH) and Ethereum Classic (ETC).

Ethereum itself, like Bitcoin, has inspired many projects, including rival platforms that seek to address the shortcomings of Ethereum. These platforms include EOS and Tron, which at the moment are its two closest competing platforms. Ethereum’s purpose of creating a platform for decentralized applications is its most vaunted aspect, as dapps are widely considered to bring the next era of adoption as specific, well-developed and user friendly crypto-based applications bring legitimacy to digital assets in the wider world.

In this tag, read Ethereum (ETH) news, price predictions, opinions and analyses created by users.


Lido Finance dominates Liquid Staking: TVL over $30 billion

28 Feb 2024 2 minute read 0 comments KMatt

Lido Finance is the leading dApp for Ethereum liquid staking and has recently surpassed a new milestone, 30 billion dollars (yesterday approximately 31.7 billion). According to research conducted by The Block and published on February 26, Lido record...

The effect of cryptocurrencies on the private sector

28 Feb 2024 1 minute read 0 comments Mika(123)

Cryptocurrencies according to se have reshaped loads of things inside the global, mainly the way we make and spend money, in addition to the manner we invest. One of the immediate consequences is the democratization of finance, which refers to an equ...

What is the most awaited coin / token?

28 Feb 2024 1 minute read 1 comment Kenzoo

The most awaited at this time to be able to rise to hit the market there are several kinds of course. But in terms of expectations and the number of holdings, it can be said that there are several coins and tokens that are highly expected to rise by...

Beyond Price: The Untold Value of Bitcoin in Our Lives

28 Feb 2024 3 minute read 6 comments johnwege

Most of us get caught up in the same trap of only thinking about one thing when it comes to Bitcoin. The price going up, and how we hope it’ll change our lives financially forever. I won’t lie, I often fall into this line of thinking as well. But the...

Blockchain Solutions for Supply Chain Traceability: Ensuring Quality Assurance for Businesses

27 Feb 2024 1 minute read 0 comments Mika(123)

In extremely-cutting-edge worldwide marketplace, supply chain traceability is vital for agencies to hold transparency, integrity, and accept as true with among customers. Blockchain era has emerged as a powerful technique to decorate supply chain tra...

Cryptocurrency Taxation for Businesses: Navigating Complex Regulatory Requirements

27 Feb 2024 1 minute read 2 comments Mika(123)

As cryptocurrencies hold to benefit traction in the commercial corporation international, understanding the intricacies of cryptocurrency taxation is paramount for corporations operating within the digital asset vicinity. Navigating the complex regul...

Is there a place to get free Etherium without Faucetpay?

27 Feb 2024 1 minute read 0 comments tastymagazine

As I mentioned in my previous post about finding Nana faucets, the inability for me to register for a Faucetpay account, means that my access to faucets is extremely limited.  I recall several years ago that I could go online and find an instant paym...

NEAR's Account Abstraction Is Leading to TONS of Users

27 Feb 2024 4 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

DeFi 101: Understanding Stablecoins

27 Feb 2024 2 minute read 0 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

27 Feb: Rally Caps On!

27 Feb 2024 2 minute read 0 comments TheCryptoCurator

"I believe that every human mind feels pleasure in doing good to another." –Thomas Jefferson Powered by Wubits - don't pay to "Xweet," get paid to engage.  Top Performing Assets (24 Hours): $DOGE 11.74% | $BTC 10.66% | $SOL 10.27% READ Happy Tuesday...